Commodity News
SunSirs: Palm Oil Prices Rose on April 28
April 29 2022 09:49:26 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the spot market price of palm oil rose sharply on April 28, up 4.58% in a single day.
Analysis review
Oil and fat in the outer disk rose, domestic palm oil inventories were low, supported by bullishness, and the palm oil market rose sharply, with mainstream quotations exceeding 14,600 RMB/ton.
Market outlook
In the short term, the palm oil spot market will remain high.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2025-11-17 SunSirs: Malaysian Palm Oil Exports Down 15.5%, Bearish for Spot Prices
- 2025-11-14 SunSirs: Combination of Long and Short Positions, China Palm Oil Market Oscillates and Falls
- 2025-11-13 SunSirs: Malaysia's Crude Palm Oil Oroduction is Projected to Increase by 3.4% Year-on-year in 2025
- 2025-11-12 SunSirs: Malaysia's Palm Oil Exports Decrease by Over 9.5% Month on Month
- 2025-11-11 SunSirs: Malaysia Palm Oil Stocks Rise to Six-Year Peak
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